Tuesday, July 22, 2014 10:57AM CDT
After recent controversy over the use of Zilmax, a cattle feed additive used to promote weight gain, a University of Nebraska study found the additive causes no adverse effects in cattle.
Corn is higher at 6 a.m. (CT); soybeans are steady; wheat is higher.
Look for the cattle pit to open with uneven prices this morning thanks to a slow combination of follow-through buying and profit taking. Lean hog futures should also begin narrowly mixed tied to the unwinding of bear spears and uncertain cash expectations.